Rep. Debbie Dingell picks up Honeywell Aerospace (HONAV) in spinoff exchange
As seen on the 24/7 Wall St. homepage on July 15, 2026.
- HONAV Honeywell Aerospace Inc. - Common Stock (HONAV)Exchange$50K – $100K
- HON (HON) shares were exchanged for Honeywell Aerospace Inc. (HONAV) shares due to aExchange$15K – $50K
Rep. Debbie Dingell received shares of new Honeywell Aerospace in a spinoff exchange on June 29, filing the disclosure 16 days later. The transaction involved $50K to $100K in aerospace stock plus an additional $15K to $50K position shift.
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On June 29, Rep. Debbie Dingell received shares of the newly spun-off Honeywell Aerospace Inc. (HONAV) through a corporate exchange in which existing Honeywell (HON) shares were converted into the new aerospace entity. The transaction resulted in a $50K–$100K position in HONAV stock, alongside a separate $15K–$50K position shift tied to the HON exchange.
This was a passive corporate action rather than an open-market purchase — Dingell did not choose to buy HONAV directly but instead received it as a result of Honeywell's spinoff of its aerospace division. Shareholders of HON who held the stock at the time of the spinoff would have automatically received HONAV shares in proportion to their existing holdings.
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The disclosure was filed on July 15, sixteen days after the June 29 transaction date, placing it within the standard 30-day congressional reporting window. Because the exchange was driven by the corporate event rather than an active investment decision, it reflects the structure of the Honeywell breakup rather than a deliberate new bet on the aerospace sector.